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Schoenherr and Weil Advise on EVO Payments Alliance with Moneta Money Bank

Schoenherr and Weil Advise on EVO Payments Alliance with Moneta Money Bank

Czech Republic
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Schoenherr Prague has advised EVO Payments International on the creation of a long-term strategic alliance with Moneta Money Bank for payment acceptance services to the bank's retail customers. Weil, Gotshal & Manges advised Moneta Money Bank on the deal.

EVO Payments International is a payments service provider of merchant acquiring and processing solutions for retail customers, financial institutions, government organizations, and multinational corporations located throughout North America and Europe.

Moneta Money Bank is an independent Czech bank with shares listed and traded on the Prime Market of Prague Stock Exchange since 2016.

According to Schoenherr, EVO announced at the end of April that it would provide Moneta retail customers with "a wide range of secure payment processing services, innovations in digital transactions, and advanced technologies to support the bank's strategic growth objectives in commercial banking." 

The Schoenherr team consisted of Partners Vladimir Cizek and Volker Weiss, Senior Associates Jitka Kadlcikova, Natalie Rosova, and Denisa Assefova, Associate Rudolf Bicek, and Junior Associate Claudia Bock.

The Weil team consisted of Partners Karel Muzikar and Karel Drevinek, Senior Associate Pavel Grim, and Associate Ivo Trojan.

Czech Republic Knowledge Partner

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 220 lawyers, tax advisors and 500 employees in total, is the largest independent law firm in Central Europe.

Our clients include large international companies, leading Czech and Slovak firms, including strategic state-owned companies and public sector authorities, as well as medium-size businesses, individual entrepreneurs, and investors. We advise approximately 100 of the Fortune 500 companies, and almost 50 of the Czech Top 100 companies. HAVEL & PARTNERS currently provides its services to a total of 2,000 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 world languages in more than 90 countries around the globe. Up to 70 % of the transactions we deal with involve an international aspect.

HAVEL & PARTNERS was named the best law firm operating in the Czech Republic by the prestigious British rating agencies Chambers and Partners (2020) and Who’s Who Legal (2018, 2019). It is also the most successful law firm, providing the most comprehensive legal services in the Czech Republic and Slovakia, based on the total number of all nominations and awards in all years of the Law Firm of the Year awards. The firm became the absolute winner of this competition four times in the last six years, receiving the main award Domestic Law Firm of the Year in the Czech Republic (2015, 2017, 2018, 2020) and ranking as one of the most recommended law firms in all categories of law. Our company is also a three-time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019). In the field of M&A, HAVEL & PARTNERS is the best law firm in the Czech Republic based on the annual International Advisory Experts awards (2018, 2019). In Slovakia, it also won the prestigious global M&A Today Awards (2013–2018) for Mergers & Acquisitions six times in a row, and repeatedly won first place in the ranking by Lawyer International Legal 100 (2017, 2018). Prestigious international rating agencies EMIS DealWatch and Mergermarket have ranked HAVEL & PARTNERS among the leading law firms by the number of transactions completed in the entire CEE region since 2009. Based on annual awards of the Acquisition International magazine, HAVEL & PARTNERS has become the Law Firm of the Year 2019 in the M&A category in the CEE region.

Firm's website: https://www.havelpartners.cz/en/

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